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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Fixed maturity investments trading, at fair value – amortized cost $21,519,144 at March 31, 2024 (December 31, 2023 – $20,872,450) $ 21,309,460 $ 20,877,108
Short term investments, at fair value - amortized cost $4,639,713 at March 31, 2024 (December 31, 2023 - $4,603,340) 4,639,165 4,604,079
Equity investments, at fair value 119,992 106,766
Other investments, at fair value 3,468,281 3,515,566
Investments in other ventures, under equity method 99,684 112,624
Total investments 29,636,582 29,216,143
Cash and cash equivalents 1,606,739 1,877,518
Premiums receivable 8,431,335 7,280,682
Prepaid reinsurance premiums 1,282,860 924,777
Reinsurance recoverable 4,993,680 5,344,286
Accrued investment income 196,893 205,713
Deferred acquisition costs and value of business acquired 1,822,163 1,751,437
Deferred tax asset 669,635 685,040
Receivable for investments sold 1,168,305 622,197
Other assets 377,268 323,960
Goodwill and other intangible assets 758,874 775,352
Total assets 50,944,334 49,007,105
Liabilities    
Reserve for claims and claim expenses 20,369,610 20,486,869
Unearned premiums 7,247,615 6,136,135
Debt 1,884,411 1,958,655
Reinsurance balances payable 3,353,834 3,186,174
Payable for investments purchased 1,427,932 661,611
Other liabilities 570,164 1,021,872
Total liabilities 34,853,566 33,451,316
Commitments and contingencies
Redeemable noncontrolling interests 6,297,983 6,100,831
Shareholders’ Equity    
Preference shares: $1.00 par value – 30,000 shares issued and outstanding at March 31, 2024 (December 31, 2023 – 30,000) 750,000 750,000
Common shares: $1.00 par value – 52,907,663 shares issued and outstanding at March 31, 2024 (December 31, 2023 – 52,693,887) 52,908 52,694
Additional paid-in capital 2,137,343 2,144,459
Accumulated other comprehensive income (loss) (13,778) (14,211)
Retained earnings 6,866,312 6,522,016
Total shareholders’ equity attributable to RenaissanceRe 9,792,785 9,454,958
Total liabilities, noncontrolling interests and shareholders’ equity $ 50,944,334 $ 49,007,105